{"id":14778,"date":"2022-01-11T18:14:26","date_gmt":"2022-01-11T12:44:26","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-cci-sutherland\/"},"modified":"2022-01-11T18:14:26","modified_gmt":"2022-01-11T12:44:26","slug":"biz-cci-sutherland","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-cci-sutherland\/","title":{"rendered":"CCI approves Coral Blue Investment&#8217;s stake buy in Sutherland Global Holdings"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1178266677\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Jan 11 (PTI) The Competition Commission of India (CCI) on Tuesday approved the acquisition of shares in Sutherland Global Holdings by Coral Blue Investment (GIC Investor Group).<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-787238760\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The proposed combination involves the acquisition of Series-C preferred stock convertible to common stock of Sutherland Global Holdings Inc in two tranches by the acquirer, according to a statement.<\/p>\n<p> This is subject to the fulfilment of relevant conditions.<\/p>\n<p> &#8220;Commission approves acquisition of shares in Sutherland Global Holdings by Coral Blue Investment (GIC Investor Group),&#8221; according to a tweet.<\/p><div class=\"trade-content_5\" id=\"trade-3172147965\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Sutherland is a global information technology service provider specialising in integrated business processes, outsourcing, business transformation, cloud, back office and front office services, among others.<\/p>\n<p> In India, it operates through four indirect subsidiaries &#8212; Sutherland Global Services Pvt Ltd, Sutherland Development Company Pvt Ltd, Adventity Global Services Pvt Ltd, and Sutherland Healthcare Solutions Pvt Ltd. PTI SRS  HRS hrs<\/p>\n<div class=\"trade-after-content\" id=\"trade-2662483670\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 11 (PTI) The Competition Commission of India (CCI) on Tuesday approved the acquisition of shares in Sutherland Global Holdings by Coral Blue Investment (GIC Investor Group). The proposed combination involves the acquisition of Series-C preferred stock convertible to common stock of Sutherland Global Holdings Inc in two tranches by the acquirer, according [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-14778","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CCI approves Coral Blue Investment&#039;s stake buy in Sutherland Global Holdings - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-cci-sutherland\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CCI approves Coral Blue Investment&#039;s stake buy in Sutherland Global Holdings\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 11 (PTI) The Competition Commission of India (CCI) on Tuesday approved the acquisition of shares in Sutherland Global Holdings by Coral Blue Investment (GIC Investor Group). 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